Investment in Marketable Securities (Tables)

9 Months Ended

Mar. 31, 2020

Investment In Marketable Securities

Schedule of Trading Securities

Trading securities are summarized as follows:

			Gross		Gross			Net			Fair
Investment	Cost		Unrealized Gain		Unrealized Loss			Unrealized Loss			Value
As of March 31, 2020
Corporate Equities	$	8,675,000	$	562,000	$	(6,384,000	)	$	(5,822,000	)	$	2,853,000
As of June 30, 2019
Corporate Equities	$	19,204,000	$	1,753,000	$	(11,261,000	)	$	(9,508,000	)	$	9,696,000

Schedule of Net Loss on Marketable Securities Comprising of Realized and Unrealized Gains (Losses)

Net gains (losses) on marketable securities on the statement of operations is comprised of realized and unrealized gains (losses). Below is the composition of net loss on marketable securities for the three and nine months ended March 31, 2020 and 2019, respectively:

For the three months ended March 31,	2020			2019
Realized loss on marketable securities, net	$	(1,113,000	)	$	(169,000	)
Unrealized (loss) gain on marketable securities, net		(1,254,000	)		850,000
Unrealized (loss) gain on marketable securities related to Comstock		(26,000	)		280,000
Net loss on marketable securities	$	(2,393,000	)	$	961,000

For the nine months ended March 31,	2019			2018
Realized (loss) gain on marketable securities, net	$	(1,190,000	)	$	353,000
Unrealized loss on marketable securities, net		(1,375,000	)		(1,352,000	)
Unrealized loss on marketable securities related to Comstock		(396,000	)		(182,000	)
Net loss on marketable securities	$	(2,961,000	)	$	(1,181,000	)